tv Washington Week With Gwen Ifill PBS November 7, 2015 1:30am-2:01am PST
gwen: a keystone pipeline decision and promising jobs numbers as presidential candidates deal with vetting, shifting polls, and debate prep. we will catch you up tonight on "washington week." plug onident pulls the the keystone xl pipeline and takes a rare victory lap on the economy. : well ourobama politics have been consumed by a debate over whether or not this pipeline would create jobs and lower gas prices, we have gone ahead and created jobs and lowered gas prices. fed respond by hiking interest rates?
tensions rise on the 2016 trail.n >> marco rubio has a disaster on his finances, a disaster on his credit card. gets the new front runner fresh scrutiny about his often told life story, and the guy who used to be the front runner takes on all commerce. >> you cannot just tell congress , "you're fired," and go to commercial break. and bush is once again battled by issues. week, coral , a reporter from "the ,ew york times," eamon javers
of "of thed dan balz washington post co. >> live from our nation's capital, this is "washington week" with gwen eiffel. corporate funding is provided by -- >> we are committed to strong. we are committed to sure. we are committed to smart,rt light, secure, bold. in a world of enduring needs, the men and women of boeing are proud to build and deliver critical capabilities for those who serve and protect our nation and its allies. that's an enduring commitment. >> we asked people to tell us something that happened in their past and something that might happen in their future. the good things were put on yellow magnets. the bad things on blue. the past was a pretty even mix
of good and bad. but the future was almost all good. what does this mean to you? >> we all want to think about positive success. >> realistically, there will be downtimes. >> it's great to think optimistically, but let's plan for whatever the future might bring. >> additional funding is provided by newman's own foundation, donating all profits from newman's own to charity and , theshing the common good corporation for public broadcasting, and by contributions t your pbs station from viewers like you, thank you. again, live from washington, moderator gwen eiffel. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] evening.d well, news wouldn't stop breaking today, so we are going to do our best to graham and what we can hear and online later tonight. first, to the white house, where the president pulled the plug on an oil pipeline that some said
would hurt the environment. supporte said it would create jobs. president obama said it would do neither. president obama: for years, the keystone pop line has occupied -- pipeline has occupied what i consider an inflated role in our political discourse. secured the fact that this pipeline would neither be a silver bullet for the economy, as was promised by some, nor the express lane to climate disaster proclaimed by others. gwen: so if it wasn't exactly about job creation or environmental degradation, what was this decision really based on? coral: so much of it was about symbolism. i really like what the president said a lot in his press conference. it would not have a really big impact on the economy. the total number of permanent jobs created would be about 35. it were not really have a huge
impact on the environment or climate change. this emerged, kind of morphed into this big political symbol of the president's climate change legacy, and by saying no to it, what he really wants to do is send a signal to the rest of the world that he is serious about climate change, tha he wants to build a big, environmental legacy, that he wants to be ambitious on climate. a seven-year decision-making process. are we to believe it was really just hijacked? was. yes, it what is interesting about the keystone pipeline is that during the seven years it has been under consideration, the administration has approved other, similar pipelines. they just have not been turned into these political symbols. both sides have really appropriated this. we saw this in the 2012 presidential campaign.
republicans and groups like americans for prosperity saw this as a great symbol for energy, economy, jobs. environmentalists saw this as something they could rally around, demand action from the president. they wrapped a pipeline around the white house. it's really bizarre how something that is so substantially not very important got turned into this really outside political symbol that dragged on for seven years. why do you think we got the decision today? we had this run-up. transcanada had appealed to stop the permitting process, stolid. the government said we are not going to stop, and then the president came out today to make the decision. why now? two things going on with those even. transcanada expected, like a lot of us, that the president was
moving toward saying no one a pipeline. they hoped that by stalling, they could wait until the next administration, maybe getting a republican who would approve it. in three weeks come out of the president is headed to a major climate change summit in paris. he wants to be a broker of a broad, sweeping, climate change deal. he wanted to have a new, fresh action in hand. he wanted to send a signal. it was widely expected he would make a decision before heading off to paris. >> does this and this or are there circumstances in which this could come back? coral: it ends it for the obama administration. it is clear that if canada were to recement the permit, it would be rejected. however, if we get a republican president, absolutely, all of
the candidate said today they would approve the pipeline, they support it. if we get a republican president, it may be that transcanada could resubmit an application and the president would approve it. interestings an distinction. in canada, they have a new, liberal prime minister who was much more muted in his decision today. coral: the election of justin trudeau has really helped the towardnt as he moves making this decision. his predecessor, stephen harper, made the pipeline a centerpiece of u.s. canadian relations. if president obama had rejected it while stephen harper was still president, it would have been a big blow to our relationship with our friendly neighbor in the north. justin trudeau supported the pipeline, but he also made clear it was just one piece of the whole relationship. office, just came into
so he can sort of move this off the table, move it forward. the election of justin true domain this decision politically a lot easier for president obama. trudeau made the decision politically a lot easier for president obama. the total number of jobs created, according to state department analysis, in the two years of construction, would create 42,000 indirect jobs, jobs inect construction. the rest would be in support jobs like food service. those would all go away after two years, leaving 35 jobs. the total number was less than 1/10 of 1% of the entire economy. gwen: i love how a big story can sometimes not be as big of a story. to usete house was happy the pipeline announcement to
talk about some good economic news. more new jobs than expected in october, and a drop in the unemployment rate to an even 5%, half of what it was in 2009. --ts more, wages are finally watts more, wages are finally on the upswing. what does this tell us? dan: it tells us a little about where we think the federal reserve might go in terms of interest rates. this was a blockbuster report. the jobs figures were totally unexpected on wall street. yesterday, goldman sachs put out an analyst note saying they were more bullish on the jobs figure than everybody else. a lot of people were saying 170 5000, but they were going to go with 195,000. we saw 271,000. it blew away expectations on wall street. it put into perspective what the president was talking about. maybe we don't need the keystone xl pipeline because we have this huge job growth in the country.
all of the numbers were really good as far as increases in construction and other sectors. the administration was not shy about taking credit. eamon: the unemployment rate is up 5%, the lowest at president obama's time in office. the labor force? is it coming back at all? the we are starting to see labor force participation rate coming back. this is a low we have not seen since the 1970's. gwen: tell people what that is. dan: it's the percentage of people actively looking for work or having a job. if you step out of the labor force and stop looking for work after a certain time, they don't count u.s. unemployed anymore, officially in the statistics. a lot of people say that is the dark matter we are not counting in the unemployment rate.
a lot of people would like to jobs that don't see any hope for themselves, and therefore are not in the labor force at all. eamon: it raises a question in my mind. this is a very strong, bullish jobs report that foreshadows a probable increase in interest rates by the fed. all of those things are great. and yet, on the campaign trail, on both sides, people are talking about an economy that really is leaving lots of people behind. how do you square this? there are a lot of things. there are people who have left the labor force and haven't gone back. i think the fact that we are starting to see wages take-up is going to be helpful. don't what to- i be flip about this, but i think there is a certain amount of economic ptsd from the 2008 crash. people were really shocked at the speed at which the economy went off a cliff and the number
of jobs lost. at one point, we were losing 600 600,000 jobs a month in this country. it was devastating for families. politically, it affects the way they see the world, and it might for a generation. coral: does this mn that the fed will be raising rates? what would be the timing on that? dan: i think everyone is looking to the december meeting as a time when the fed could possibly raise rate. they have been at 04 years. gwen: it's kind of hard to imagine that they wouldn't. betting, buthe stranger things have happened. janet yellin was kind of telegraph thing december was a live meeting. get ready. but they have not raised rates in a very long time. this would be an interesting decision, no pun intended, to see if they can do that and if wall street will bite. we have had this weird moment on
wall street where, for so many years, bad news in the economy has been good news for wall street. because it means the fed will keep interest rates down. gwen: one thing i want to get to -- and the white house and democrats are pointing this out -- remember when we were talking about the health care law, and of course, the supreme court today said they will take another challenge, one of the arguments was that it would cost us jobs. it turns out it didn't. dan: yeah. clearly we are seeing jobs increasing. the past couple of months, we have had 180,000 jobs created. gwen: even in health care. dan: the other question is whether or not obama care has actually enabled some people to stay out of the job market who otherwise would have been forced to be in, who may not want to be in, but can now be home at their families because they can get health care. so, we are going to have to study that for years to come. gwen: well, thank you.
that was interesting. , 2016 politics. we have a new front runner. then carson. the scrutiny has begun, most of on the rags to riches biography that made him famous. donald trump: ben carson is a complete and total loser. gwen: that is a "saturday night course, but of trump has been taking aim at carson on twitter. carson had a typically low-key response. then carson: i discovered in grade school that those tactics are for grade school and i have gone far beyond that now. gwen: but the questions are starting for dr. carson. what is happening? >> wt is happening is he is
getting the scrutiny that only front runners get. look at a chapter in his childhood about -- he said he had a very violent religiong and he found , and it saved him, basically. they went back and interviewed a bunch of his childhood friends. he wasn't violent, they said. he didn't have these episodes. foundsaying you haven't the right people. it has all kind of unfolded in a nasty way. we spent a lot of time in detroit, in his neighborhood talking to a lot of people on camera, and they said they are -- it's just not how they remember it. it doesn't necessarily matter to the presidential campaign, but he has presented himself as a person who was changed by that moment, so it doesn't quite add up. gwen: there was another report
today in politico, where the basic story was that he has been saying for years -- and his inspirational, come from behind story was that he had been offered a scholarship to west point. it turns out west point doesn't offer scholarships. he may never have been accepted to west point. the scrutiny is getting under his skin. dan: it is. he is claiming the media is going after him because he is conservative and therefore a threat to the liberal media. but this is not uncommon for anyone who is a front runner and not particularly well known. peoples life stories tend to get scrubbed, and if there are embellishments or contradictions, or anything that doesn't quite add up, or if the story is told in different ways over different times, there is scrutiny. the question, i think, for dr. carson at this point, is how
well and effectively he can rebut some of these criticisms and questions, how well he can answer them in the days going forward. kind ofre these the things that could melt down a campaign like ben carson's? eamon: i didn't think so. he is an unusual candidate. he has so many supporters who got to know him through his books. he has been on the scene for a long time in evangelical households, so they are familiar with his story. and anytime you say the media is picking on me, that works. but it will be interesting to see how this unravels and how he ask acts in the coming days. -- how he acts in the coming days. dan: we saw some tweets from sympathetic allies today during the political story -- politico
story. then he got on the phone with the new york times. 7:00he went on-air around p.m. is tha fast enough? for: this is been going on 24 hours. eamon: i think he has moved quickly and the campaign has moved quickly to douse the flames of this, and there were some questions about the way the politico story was written. gwen: we have to talk about the bushes. jeb bush used to be the front-runner. he's out there trying to get his groove back. in the middle of this is a book written by our pal, john meacham, about h w, his father, who has been saying some unkind things about his son. a fiercelybushes are protective family, particularly if something is coming at them from the outside. george h to be bush and his last years, a wonderfully interesting
w george h to be bush -- h , ah, in his last years wonderfully interesting biography, starts taking potshots at people in his administration and his son's administration. there is an old rivalry george h w bush has with rumsfeld. some of that is coming out. he clearly does not thinkick cheney served his son well. all of this comes out, and you saw various people either scrambling for cover or trying to figure out which side to be on in that dispute. stuff was they most interesting. he served as his defense secretary, and he said something about him changed after 9/11. said rumsfeld graciously he is just getting up in years. eamon: and cheney said i haven't changed. george h w bush said it was
cheney's wife and daughter who had pushed him in that direction, and he said no, it's me, and george bush said look, i made the decisions. gwen: if jeb bush was not running for president, how much would we care about this? how much of this trickles down to him in any way? eamon: the issue where he potentially has some trouble is that it re-raises the issue of iraq and what happened. he had trouble dealing with that question back in the spring. to the extent that he has to replay that, that's not particularly helpful, but i talked to some of the yesterday who said in some ways this is kind of liberating for jeb. he can move on and let the rest of the klan fight. gwen: we are going to do a little horse race here. presuming evangelicals are going one way and establishment folks , marcong another way
rubio and ted cruz, but is there a hybrid? ted cruz is probably running the smartest campaign. he is very strong in iowa, stronger than people think, i believe. he is raising more money than people expected him to. at this moment in the campaign, we are watching him, because the dynamic is very interesting. the question is how many more moments we are going to have. the question for marco rubio is can he face the scrutiny? he is about to get some of the scrutiny coming his way. we will see if he can withstand that. ted cruz is a smart campaigner, so do not underestimate him. for those two to rise, something has to happen to both trump and carson. i think everybody kind of
anticipates those two could make it to the end, but we don't know how the rest of the story plays out. ton: the debate stage begins shrink before our eyes this coming week. we saw a couple of people drop out. a couple of people dropped to the undercard. what is the shape of the next debate? eamon: it's a different debate because there will only be eight people on the main stage. gwen: only eight people. eamon: right. and for on the undercard. i don't know what to make of it. everybody has a difficult calculation as to who deserves to be on the stage. i am not sure for chris christie or mike huckabee that's the world.hing in the they need airtime, and if they do well, they will get attention
coming out of the debate. rubio has been really effective with the counterpunch. jeb bush tried to go against him and rubio came right back at him. he is counterpunching donald trump as well. you wonder if the multicandidate stage gives him an opportunity to come up with something short, quick, pithy to say. i think marco rubio has been one of the best debaters of anyone, because he manages to squeeze in a lot about him. he puts in more biography than anyone else. the arrow will be on him, and it will be interesting to see how he withstands the scrutiny. is anybody watching those debates anymore? >> sure, the audience has actually been pretty good. gwen: i think it's fine. , we will be watching, and we will be watching everything else going on, because what else do we have to do?
that's all we canat fit in for now. there is more on the webpage in the washingtonweek extra. we have more around the table about the elections in kentucky and texas. we will post that online. keep up with daily developments on the cbs news hour. and we will see you next week on washingtonweek. good night.
good evening and welcome to "newsroom" i'm thuy vu. on tonight's show, discipline in schools, sequoias under stress and san francisco house battle. san francisco voters rejected proposition f. airbnb spent more than $8 million to defeat the measure. was the vote against prop f a vote in favor of airbnb. to answer that question here is kqed reporter marisa lagos. was this a protest vote? >> this is a case of money mattering in an election. all told i think we will see it is clos